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Perseus puts some 'puts' in place

September quarter featured steady production, with guidance retained

Michael Quinn
Put options put in place to protect Perseus' downside

Put options put in place to protect Perseus' downside | Credits: Perseus

Amid some volatility in the high-flying gold price environment, Africa-focused miner Perseus Mining spent about US$1.7 million buying ‘put' options during the September quarter. The puts ensure a minimum...

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